Retail/Office Space for Lease Cochrane Centre 120-5th Avenue West Cochrane AB Ryann Braaten 403 298 0407 ryann.braaten@colliers.com Rob Walker 403 298 0422 rob.walker@colliers.com Brendan Keen 403 538 2511 brendan.keen@colliers.com Nick Preston 403 538 2512 nick.preston@colliers.com
SITE PLAN A1401. Pizza Hut (1,402 sf) A1407. Ga-On Taekwondo Academy (1,989 sf) D2011 D2201 D2015 D2012 D2014C Second Floor D2013A D2014A D2013B D2014B D2014B A1407. CIBC (5,058 sf) B1301. Starbucks (1,494 sf) B1302. VAPE Emporium (1,388 sf) B1304A. Iris Optometrist (2,586 sf) B1305. Quizno s Sub (1,384 sf) A1402. Shoppers Drug Mart (15,765 sf) D1001. Classic Nails (916 sf) Loading Bay D1002. Chaing Restaurant (1,244 sf) Railway Street D1011 D1009 D1006 D1005 D1003 D1002 D1001 D1003. Money Mart (1,223 sf) D1005. Mehtab East (2,484 sf) D1006. Fifth Avenue (2,448 sf) D1009. Available (2,743 sf) D1011. Happy Liquor (3,316 sf) SECOND LEVEL D2011. RN Den (671 sf) A1401 D2012. Lahey Medical (2,875 sf) D2013A. Available (1,193 sf) A1402 D2013B. Creative Beginnings (2,296 sf) D2014A/D2014C. Available (3,221 sf) D2014B. Available (1,998 sf) B1305 B1304A B1302 B1301 D2015. Spirit West Energy (1,026 sf) D2201. RN Den Expansion (1,161 sf) A1407 Fifth Avenue West KEY HIGHLIGHTS > 60,000 SF of retail and office synergy > National and regional co-tenants include: Shoppers Drug Mart, Starbucks, CIBC, IRIS Eye Care Centre, Pizza Hut, Vape World Emporium > Shadow anchored by McDonald s, Goodlife Fitness, Mark s No Frills and Walmart > Multifamily units immediately east and west of development > Close proximity to Cochrane Curling Club, ball diamonds and tennis courts > Walk Score: 78 just a 5-minute walk to Cochrane s historic downtown
LOCATION Cochrane Centre is an exceptional open air commercial development located in the heart of Cochrane, AB, on the corner of 5th Avenue West and Railway Street. Cochrane s proximity to Calgary allows for its population to work in town or commute to Calgary. As such, Cochrane continues to grow at a rapid rate, with multifamily starts growing 393% from January to April over the same time last year. (Source: CMHC). Major industries include tourism, ranching/agriculture, construction, oil and gas, technology and wood products. PROPERTY OVERVIEW Lease Rates: Additional Rent: Tenant Improvement Allowances: Zoning (For Retail Space): Term: Availability: Parking: Signage (For Retail Space): Market $11.25 PSF for office (including utilities) $6.78 PSF for retail Negotiable CB - Central Business Five (5) to Ten (10) years Immediately All parking in common area Storefront signage available, subject to Landlord review. Pylon signage available for retail tenancies at market rates. DEMOGRAPHICS 1km radius 3km radius 5km radius TOTAL AVERAGE POPULATION 2012 Estimated 3,735 17,037 19,330 2017 Estimated 4,478 20,120 22,791 2022 Projected 5,190 22,674 25,643 2027 Projected 5,893 25,145 28,410 % of Population Change (2012-2017) % of Population Change (2017-2022) 19.9% 18.1% 17.9% 15.9% 12.7% 12.5% AVERAGE HOUSEHOLD INCOME 2017 Estimated $107,927 $143,789 $148,374
N AVAILABLE RETAIL SPACES - MAIN FLOOR AVAILABLE OFFICE SPACES - SECOND FLOOR UNIT RENTABLE AREA (SF) UNIT RENTABLE AREA (SF) A1402 D1009 1,989 Leased 2,743 (Demisable into approximately 1,437 SF and 1,185 SF) D2013A 1,193 D2014C & D2014A 3,221 D2014B 1,998 UNIT D1009-2,743 SF D2201 1,161 45'-2" 7'-1" Electrical Panel 6'-10" 5' 11'-2" 3'X4' 6'-4" 3'X4' Counter 12'-7" 11'-6"X14'-11" 14'-11" SITE DATA Address: 120, 5th Ave W Cochrane, AB 7'-10" 9'-10"X7'-10" Counter Legal Address: Plan 7015 J.K. S.E.1/4 Sec.3, Twp.26, Rge, 4, W. 5 M. AVAILABLE OFFICE SPACES - SECOND FLOOR 16'-6" Zoning: Shopping Centre, District (CB-2) OVERALL FLOOR PLAN - SECOND FLOOR Proposed Use: Commercial 58'-9" 43'-5" BAY 9 BAY 8 Area=1437 SF Area=1185 SF 20'-2" Column 13"X21" 43'-5" 58'-9" Building No. 4000. Unit No. 8 & 9 Total Area:... 2654 SF Bay 8: Bay 9: BUILDING STORAGE (246.56 SM)... 1185 SF... 1437 SF D2011 W/D D2012 ELEC. ROOM MWR JAN. ROOM D2013A SERVER & ELEC D2013B 31'-7" Proposed future wall for splitting the unit. OPEN TO BELOW D2201 D2015 D2014C WWR D2014A D2014B Reception Desk (with 3'-4" thick bulkhead above) Total Area=2654 SF (246.56 SM) COCHRANE PROJECT (Splitting the unit into two bays.) Entrance 3' 4'-2" 16' 4'-1" 16' 2' *Can be demised Ph. No. 403-234-8610 Unit 7, 2235-30 Ave NE Calgary, Alberta T2E 7C7 NOTE: ALL INFORMATION AND SITE DATA ARE APPROXIMATE, AND ARE FOR REFERENCE PURPOSE ONLY 24'-6" 45'-2" 20'-2" 1 A101 MAIN FLOOR PLAN SCALE: NTS Sheet No. A 101 16 Jan 2015
UNIT D2013A - 1,193 SF UNIT D2014B - 1,998 SF "Client" V1 Version: V1 Prepared: Measured: 15/07/2014 07/07/2014 120 5th Avenue West Cochrane, Alberta 18'-11" x 12'-0" 19'-5" x 16'-0" Suite 2206 11'-9" x 9'-8" 11'-9" x 9'-8" 11'-8" x 9'-8" 11'-9" x 9'-8" 11'-5" x 13'-6" Suite 2209 18'-11" 14'-6" 19'-10" 7'-3" Rentable Area 1,193 sq ft 10'-0" x 11'-8" 9'-11" x 11'-8" 12'-2" 10'-1" 21'-5" 18'-11" x 12'-5" Rentable Area 1,998 sq ft This work product has been prepared by Extreme Measures Inc. pursuant to a contract with the Client for the sole benefit of and use by the Client. No third party may rely on this work product without the receipt of a reliance letter from Extreme Measures Inc. UNIT D2014A & 2014C - 3,221 SF AERIAL MAP 0 4 8 feet Tel: 416.323.2858 Fax: 416.323.0855 mail@xmeasures.com www.xmeasures.com "Client" Version: V1 Prepared: Measured: 15/07/2014 07/07/2014 Edmonton 27'-6" SERVER & ELEC 120 5th Avenue West Cochrane, Alberta Suite 2208 Rentable Area 2,296 sq ft 5th Avenue Railway Street West CITY OF COCHRANE 75'-11" Gri fin Road East Calgary This work product has been prepared by Extreme Measures Inc. pursuant to a contract with the Client for the sole benefit of and use by the Client. No third party may rely on this work product without the receipt of a reliance letter from Extreme Measures Inc. 0 4 8 feet Tel: 416.323.2858 Fax: 416.323.0855 mail@xmeasures.com www.xmeasures.com
RYANN BRAATEN Associate 403 298 0407 ryann.braaten@colliers.com BRENDAN KEEN Senior Associate 403 538 2511 brendan.keen@colliers.com ROB WALKER Senior Vice President Partner 403 298 0422 rob.walker@colliers.com NICK PRESTON Senior Associate 403 538 2512 nick.preston@colliers.com